SPYX Dividend Type Payments

Although SPYX has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on SPDR S&P 500 Fossil Fuel Reserves Free ETF to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Wed 4:16 PM ET):

SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX)
Bid	Ask	Last	Change	Volume	P/E	Market Cap
42.85	46.26	45.72	+0.23	140K	-	0.0B

SPYX Dividend-Like Income Using Covered Calls

With SPYX at 45.72, here's a table showing how big the annual "dividend" (i.e. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:

Annual Yield	Annual Premium	Cents/Day
3%	1.37	0.4
5%	2.29	0.6
10%	4.57	1.3

So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:

3% Yield On SPYX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	47.00	0.75	80	0.9	0.74 (1.6%)

5% Yield On SPYX Using Covered Calls
Expiration	Strike	Call Bid	Days	Cents/Day	Upside Potential
Jul 18	47.00	0.75	80	0.9	0.74 (1.6%)

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5.	QQQ dividend	10.	TSLA dividend	5.	RDDT dividend

Want more examples? SPYV Dividend | SQEW Dividend